NOT LISTED FOR SALE

Estimated Value: $331,529 - $361,000

-- Bed
3 Baths
1,643 Sq Ft
$212/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $291,000 $177 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $2,121/month

Highlights

  • 0.12 Acre Lot
  • 3-minute walk to Tacony
  • Playground
  • Victorian Architecture
  • No HOA
  • Hot Water Baseboard Heater

About This Home

As of July 2021

Do not miss out on this legally zoned triplex in historic Tacony! This detached two and part one-story building features three (3) one-bedroom apartments with private side entrance to the rear unit and a common front hallway entrance to the front units. The first floor front unit is rented at 750 dollars per month and expires on September 30th. The second floor unit is rented at 625 dollars per month (below market) and is on a month-to-month basis. The rear unit is rented at 550 dollars per month (below market) and is on a month-to-month basis. Utilities are individually metered for gas and electricity with three (3) separate gas-fired boilers and three (3) separate electric panels. The kitchens feature modern finishes and amenities with ceiling fans and the building has replacement windows throughout. The units are served by a hard-wired smoke detection system. An added amenity is the open front porch to enjoy warm summer evenings! The property is situated across the street from historic Disston Park and just blocks from the new Engine 38 firehouse. There is immediate access to Interstate 95 and public transportation including SEPTA's Tacony commuter rail station one block to the south. Get in touch with the lister today to arrange a showing pursuant to instructions below. Don't miss out on this terrific and rarely offered investment opportunity! Showings require 24-hour notice as a courtesy to tenants. Broker has an ownership interest in the property.

Last Agent to Sell the Property

Louis Iatarola

(215) 432-6520 lmioftacony@comcast.net Tacony Real Estate License #RS174899L Listed on: 05/11/2021

Last Buyer's Agent

Marquia Dancy

mldancy83@gmail.com Ronin Acquisition Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,719

Year Built

  • Built in 1883 | Remodeled in 2000

Lot Details

  • 5,200 Sq Ft Lot
  • Lot Dimensions are 35.00 x 148.58

Home Design

  • Triplex
  • Victorian Architecture
  • Masonry

Unfinished Basement

  • Partial Basement
  • Sump Pump

Parking

  • Public Parking
  • On-Street Parking

Outdoor Features

  • Exterior Lighting
  • Playground

Schools

  • Hamilton Disston Elementary And Middle School
  • Abraham Lincoln High School

Utilities

  • Hot Water Baseboard Heater
  • Natural Gas Water Heater
  • Public Septic

Listing and Financial Details

  • The owner pays for insurance, sewer, real estate taxes, trash collection, water, pest control, lawn/shrub care
  • Tax Lot 22
  • Assessor Parcel Number 412461900

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Tacony Subdivision

Building Details

  • Income includes apartment rentals

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,719

Year Built

Built in 1883 | Remodeled in 2000

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1883
  • Year Renovated: 2000
  • Automatically Close On Close Date: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Basement: Yes
  • Basement Type: Partial, Sump Pump, Unfinished
  • Total Sq Ft: 2143
  • Living Area Sq Ft: 1643
  • Price Per Sq Ft: 182.53
  • Above Grade Finished Sq Ft: 1643
  • Below Grade Sq Ft: 500
  • Total Below Grade Sq Ft: 500
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Masonry
  • Exterior Features: Exterior Lighting, Sidewalks, Play Area
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Public
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Natural Gas
  • Heating Type: Baseboard - Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Septic
  • Water Previous Twelve Months: 1092.00
  • Water Source: Public

Condo/Co-op/Association

  • HOA: No

Schools

  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Source: Listing Agent
  • Elementary School: HAMILTON DISSTON SCHOOL
  • High School: ABRAHAM LINCOLN
  • Middle Or Junior School: HAMILTON DISSTON SCHOOL

Green Features

  • Clean Green Assessed: No

Lot Info

  • Improvement Assessed Value: 92345.00
  • Land Assessed Value: 30455.00
  • Lot Size Acres: 0.12
  • Lot Dimensions: 35.00 x 148.58
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5200.00
  • Zoning: RSA3
  • Zoning Description: zoning variance is in place for a three-family dwelling

Rental Info

  • Owner Pays: Insurance, Sewer, Taxes - Real Estate, Trash Collection, Water, Pest Control, Lawn/Shrub Care
  • Rent Control: No
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Assessor Parcel Number: 1179879
  • School Tax: 943.00
  • Tax Annual Amount: 1719.00
  • Assessor Parcel Number: 412461900
  • Tax Lot: 22
  • County Tax Payment Frequency: Annually
  • Tax Year: 2021

Multi Family

  • Income Includes: Apartment Rentals

MLS Schools

  • School District Name: THE SCHOOL DISTRICT OF PHILADELPHIA

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 11, 2021
Closed on
Jul 19, 2021
Sold by
Iatarola Louis A and Iatarola Antoinette
Bought by
Irving Shawn L
Seller's Agent
Louis Iatarola
Tacony Real Estate
Buyer's Agent
Marquia Dancy
Ronin Acquisition Inc
List Price
$299,900
Sold Price
$291,000
Premium/Discount to List
-$8,900
-2.97%
Current Estimated Value
$348,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,510
Avg. Annual Appreciation
4.30%
Original Mortgage
$193,325
Interest Rate
2.8%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 1989
Bought by
Iatarola Louis A and Iatarola Antoinette
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Irving Shawn L $291,000 First Platinum Abstract Llc
Iatarola Louis A $4,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Irving Shawn L $193,325
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2021 07/19/21 Sold $291,000 -3.0% $177 / Sq Ft
05/20/2021 05/20/21 Pending -- -- --
05/11/2021 05/11/21 For Sale $299,900 -- $183 / Sq Ft
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $3,567 $295,700 $59,140 $236,560
2025 $3,567 $295,700 $59,140 $236,560
2024 $3,567 $295,700 $59,140 $236,560
2023 $3,567 $254,800 $50,960 $203,840
2022 $1,719 $254,800 $50,960 $203,840
2021 $1,719 $0 $0 $0
2020 $1,719 $0 $0 $0
2019 $1,649 $0 $0 $0
2018 $1,816 $0 $0 $0
2017 $1,816 $0 $0 $0
2016 $1,816 $0 $0 $0
2015 $1,738 $0 $0 $0
2014 -- $129,700 $76,970 $52,730
2012 -- $23,808 $7,406 $16,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: PAPH1016236

Bright MLS

APN: 412461900